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News: As per exchange fillings, Cyient DLM has secured a significant contract with Thales, a renowned global technology leader, to manufacture high-reliability Printed Circuit Board Assemblies (PCBAs) for their next-generation flight avionics systems.
View: Notably, the aerospace division is a key contributor to Cyient DLM's revenue, accounting for approximately 22% of its total revenue and tends to be relatively higher margin segment. Furthermore, PCBAs comprise over 70% of the company's revenue, highlighting its specialization in this area. The collaboration with Thales is expected to further strengthen Cyient DLM's market presence, enabling the company to tap into new opportunities and solidify its position in the industry.
Impact: Positive